. >>> last time barry sternlicht, he was slamming the fed.the economy maybe the onecomy is better than the last time. i doubt it "squawk box" is right back >> announcer: executive edge is sponsored by at&t business at&t 5g is fast, reliable and secure oh, i can tell business is going through the “woof”. but seriously we need a reliable way to help keep everyone connected from wherever we go. well at at&t we'll help you find the right wireless plan for you. so, you can stay connected to all your drivers and stores on america's most reliable 5g network. that sounds just paw-fect. terrier-iffic i labra-dore you round of a-paws at&t 5g is fast, reliable and secure for your business. [music - cover of blondie's “dreaming”] at&t 5g is fast, [music playing] ♪ imagine something of your very own. ♪ ♪ something you can have and hold. ♪ ♪ i'd build a road in gold just to have some dreaming, ♪ ♪ dreaming is free. ♪ accenture, let there be change. >>> welcome back to "squawk box. just about two hours, we will learn more about the economic growth of the na

the fed is at risk of crushing the value of all equities quite a serious danger >> he's in the barry sternlichtamp here, jim >> i know. absolutely look, i think that he gives that -- he gives his view and then he gives his view of his own company, and frankly, i don't care as much about his macro view as i care about the numbers he's delivering. there's this moment on the call where he talks about tesla insurance, and it reminds me how powerful he is he's even talking about how he can hold the whole industry insurance hostage because he has kind of like a tva for insurance. tells you exactly what insurance can be works very well for anybody who buys one of his cars i think that the -- his view on the economy is as extraneous as this moment where he just talks about his -- whether he's popular. whether he's favorable and he judges that by his 127 million followers, so he's clearly very popular and i think what's -- he does say it's very good to sell teslas, but he wants to be liked. i was surprised. i didn't think he cared. there's a lot of things in here that really cut to the psyche of musk, a